Traditional IRA contributions can be tax deductible or partially tax deductible based on MAGI. In 2014, an individual with a MAGI of up to $70,000 is eligible for at least partial deductibility. There are no income limits on who can contribute to a traditional IRA.
When the water heater breaks / leaks whatever the pressure tank is going to loose pressure telling the pump to come on and the pump will run continually as it can not build pressure to shut it off.
Like most parts, water heater elements have a finite working life. Continual cycling to satisfy hot water demand eventually wears out the element. Mineral deposits in the water hasten an elementâs demise. The heating cycle causes dissolved minerals to solidify. They can coat an element, acting like a jacket of insulative material. In some cases, mineral sediment collects at the bottom of the water heater tank, encasing the lower element. Forced to work harder, the element eventually fails.